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BITF Stock Price, Chart, Stats & News

Bitfarms Ltd.
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1.30B
Market cap
Current P/E
84.03x
Forward P/E

BITF chart

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Fundamentals

Gross margin
-2.78%
Operating margin
-43.45%
Pretax margin
-41.06%
Net margin
-48.26%
Effective tax rate
13.59%
ROA
-16.26%
ROE
-20.47%
D/E
0.12x
Interest coverage ratio
-22.27x

BITF valuation

P/E
P/S
4.08x
P/B
1.78x
P/CF
-3.53x
P/FCF
-2.41x
P/OCF
-3.53x
PEG
0.24x
EV multiple
-274.94x

About

Bitfarms Ltd. operates an enterprise focused on the extraction of various digital currencies across North America. The company maintains and runs its own data centers, primarily dedicated to verifying transactions on the Bitcoin Blockchain, from which it obtains cryptocurrency through block rewards and associated transaction fees. In addition to its mining operations, Bitfarms provides electrical contracting services to commercial and residential customers throughout Quebec, Canada.

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